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ORANGE COUNTY ALCOHOLIC BEVERAGE CONTROL BOARD Schedule ll(a)
<br /> (a component unit of Orange County Government)
<br /> SCHEDULE OF REVENUE AND EXPENDITURES-BUDGET AND ACTUAL
<br /> Year Ended June 30,2023
<br /> 2023 2023 Variance
<br /> Original Revised 2023 Positive
<br /> Budget Budget Actual (Negative)
<br /> Revenue
<br /> Operating Revenue:
<br /> Liquorsales-regular $24,520,230 $ 25,996,885 $ 26,045,431 $ 48,546
<br /> Mixed beverage sales 3,602,485 5,135,985 5,125,307 (10,678)
<br /> Wine sales 38,000 38,285 38,237 (48)
<br /> Total Operating Revenue 28,160,715 31,171,155 31,208,975 37,820
<br /> Nonoperating Revenue(Expense):
<br /> Other 3,500 3,500 4,467 967
<br /> Total Revenue 28,164,215 31,174,655 31,213,442 38,787
<br /> Expenses
<br /> Taxes Based on Revenue:
<br /> Retail sales tax 6,617,770 7,272,650 6,828,324 444,326
<br /> Mixed beverage tax 433,283 (433,283)
<br /> Total Expenses 6,617,770 7,272,650 7,261,607 11,043
<br /> Cost of Goods Sold 14,713,945 16,061,595 16,103,177 (41,582)
<br /> Gross Profit 6,832,500 7,840,410 7,848,658 8,248
<br /> Operating Expenses
<br /> Salaries and benefits 3,178,320 3,546,340 3,526,568 19,772
<br /> Board member/meeting expense 6,600 6,900 6,823 77
<br /> Cash short 500 750 (295) 1,045
<br /> Rent 319,300 54,300 51,678 2,622
<br /> Repairs,maintenance,and service contracts 138,000 159,705 152,856 6,849
<br /> Utilities,telephone,and internet 95,950 100,250 94,730 5,520
<br /> Business insurance 75,000 75,000 80,673 (5,673)
<br /> Store supplies and bags 135,000 195,455 197,226 (1,771)
<br /> Travel(office) 1,500 1,500 1,909 (409)
<br /> Office supplies 20,600 33,535 34,780 (1,245)
<br /> Janitorial services/exterior maintenance 26,400 26,400 24,487 1,913
<br /> Professional fees(audit and legal) 35,000 32,115 32,116 (1)
<br /> Dues and subscriptions 4,900 4,900 7,846 (2,946)
<br /> Credit card processing 430,000 527,255 524,545 2,710
<br /> Training and education 10,000 10,000 10,421 (421)
<br /> Security monitoring 7,200 7,200 6,900 300
<br /> Vehicle expense 18,000 25,710 25,148 562
<br /> Uniforms 4,200 4,200 2,846 1,354
<br /> Interest expense 83,375 98,525 106,367 (7,842)
<br /> Contingencies 500 500 161 339
<br /> Total Operating Expenses 4,590,345 4,910,540 4,887,785 22,755
<br /> Capital Outlay 1,590,350 1,824,210 1,770,965 53,245
<br /> Debt Service 241,555 749,100 733,056 16,044
<br /> Total Expenditures 6,422,250 7,483,850 7,391,806 92,044
<br /> See auditor's report.
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